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BRO · Q2 2026
Archived report (Q2 2026). Latest deep dive →
The quarter in brief
Revenue grew 30.4% y/y to $1.68B, pre-tax margin 22.9% vs 24.2%, net income $288M (+24.7% y/y).
Net income attributable to the Company
$288M
up 24.7% y/y
Total revenues
$1,676M
up 30.4% y/y
All figures in $M.
| Line item | Amount and change |
|---|---|
| Commissions and fees | $1,654 · +32.4% |
| Investment and other income | $22 · −38.9% |
| Total revenues | $1,676 · +30.4% |
| Employee compensation and benefits | $838 · +30.9% |
| Other operating expenses | $271 · +28.4% |
| (Gain)/loss on disposal | $1 · vs $0 |
| Amortization | $110 · +120% |
| Depreciation | $18 · +63.6% |
| Interest | $100 · +96.1% |
| Change in estimated acquisition earn-out payables | $40 · vs −$11 |
| Mark-to-market of escrow liability | $5 · vs $0 |
| Income before income taxes | $383 · +23.2% · 22.9% margin |
| Income taxes | $94 · +22.1% · 24.5% effective rate |
| Less: Net income attributable to non-controlling interests | $1 · −66.7% |
| Net income attributable to the Company | $288 · +24.7% · $0.84/sh · 17.2% margin |
Verdict: revenue grew 30.4% y/y to $1.68B, pre-tax margin 22.9% vs 24.2%, net income $288M (+24.7% y/y).
Source and notation
Source: Brown & Brown press release, 8-K EX-99.1 of 07/27/2026 (SEC EDGAR). Every figure was matched against the income statement in the release and checked against SEC XBRL.
Open as an image: BRO, Q2 2026 (PNG) ↗ · for sharing and presentations · free to reuse, CC BY 4.0
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Chart: “BRO Q2 2026: where the revenue went” by Who Reports Today, https://whoreportstoday.com/t/bro/q2-2026. Licensed under CC BY 4.0.
<figure> <a href="https://whoreportstoday.com/t/bro/q2-2026"><img src="https://whoreportstoday.com/t/bro/q2-2026/sankey.png" alt="BRO Q2 2026: where the revenue went" loading="lazy" style="max-width:100%;height:auto"></a> <figcaption>Source: <a href="https://whoreportstoday.com/t/bro/q2-2026">Who Reports Today</a>, licensed under <a href="https://creativecommons.org/licenses/by/4.0/">CC BY 4.0</a></figcaption> </figure>
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<a href="https://whoreportstoday.com/t/bro/q2-2026">BRO Q2 2026 earnings chart (Who Reports Today)</a>
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- Pre-tax income was $383M, a 22.9% margin vs 24.2% a year earlier.
- The effective tax rate was 24.5% vs 24.8% a year earlier.
- Diluted EPS was $0.84 vs $0.78 a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
BRO — an American insurance intermediary that places insurance for businesses, public entities and individuals and runs wholesale brokerage, programs and related services.
It earns mainly commissions paid by insurers, plus fees paid by clients. It reports two segments: Retail, which sells insurance and services directly to clients, and Specialty Distribution, covering wholesale brokerage and insurance programs. · Source: annual report (Form 10-K, SEC)
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